Educational Services
Fund Speaker Grants - The Foundation also endows honorarium for speakers for educational programs benefiting
parks and recreation professionals.  Annually, the Foundation provides resources that secure speakers for the Texas
Recreation and Park Society Conference.
Trust Services
Fiduciary Services / Holding Cash - The trust function also includes holding cash for parks and recreation
purposes.  This includes endowment funds, donations, and earnings.
Contact:
Al Johnson, Treasurer
Richardson, Texas 75081
972-744-4595
al.johnson@cor.gov
Jack O. Ashworth Jr. & Sr. Endowed Scholarship - The Texas Parks &
Recreation Foundation proudly offers the Jack O. Ashworth Jr. and Sr. Scholarship
for collegiate parks and recreation students.  The scholarship is named in honor of
Jack O. Ashworth, an outstanding and dedicated park and recreation professional
and his son.  Jack Sr. has the distinction of being the only professional to serve
three terms as President of the Texas Recreation and Park Society.  Jack Sr., who
earned a Bachelor of Science degree in Agricultural Economics and Sociology
from Texas A&M in 1942, joined the Fort Worth Parks Department as Deputy
Director in 1964 and retired in 1988 as Acting Director.

Annual Scholarship Amount: $1,000

For Information contact:  

  • Matthew Young  /  matt.young@arlingtontx.gov  /  817.459.5486
Temporary Ownership of Real Property: The Texas Parks & Recreation Foundation is authorized to act as a
holding agent for real property that will eventually become public parks and open space.  .Often, a land owner desires to
divest of land in an expedient manner for tax purposes or other personal reasons.  The Foundation can take possession
of the property and hold it in trust until such time as a local government is ready to accept and dedicate the land for park
or preservation purposes.

The arrangement gives the property owner the benefit of immediate tax benefits, while protecting the potential of the land
for future public purposes.  It also allows the future government owner time to arrange financial resources and to gain
needed public process approvals to prepare for the private to public transfer.

State regulations do not allow the use of government-owned park property as an in-kind match for park development
grants.  By holding title to property during the grant review process, the Foundation makes it possible for the recipient city
to utilize the value of the property and maintain its eligibility for grant assistance.

The Foundation charges $300 per year, per land parcel during the trust holding period to cover administrative expenses,
and requires reimbursement for the direct costs of property transfer, insurance, maintenance, and bookkeeping.

The recipient of the 2015 Jack O.
Ashworth Jr. and Sr.
Endowed
Scholarship was:

MEGAN L. PUMHREY

.
Congratulations
to M
egan!